Thursday, April 12, 2012

Buffett rules

Brief comment by Jamie on Buffett's rule, that is a minimum tax of 30% on millionaries (annual income above a million). His point is that it would be only symbolic, from the point of view of additional revenue, but it would be important for pushing the debate on income distribution. Hey, anytime we talk about millionaires rather than 'job creators' I'm happy!

PS: More here, where he also talks about his proposal to increase the minimum wage to US$ 12.

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